earnings
confidence high
sentiment positive
materiality 0.80
uniQure Q3 net loss $44.4M; cash runway through 2027; FDA meeting for Huntington gene therapy
uniQure N.V.
2024-Q3 EPS reported
-$3.42
revenue$21,898,000
- Net loss $44.4M ($0.91/share) vs $89.6M ($1.88) in Q3 2023; revenue $2.3M (up from $1.4M).
- Cash $435.2M as of Sep 30; retired $50M debt; expects cash runway through end of 2027.
- Sold Lexington facility and restructured, cutting ~65% of roles (300) and reducing cash burn by $70M/year.
- Type B FDA meeting scheduled late Nov 2024 to discuss accelerated pathway for AMT-130 in Huntington's disease.
- Positive interim data at 24 months: AMT-130 high dose showed significant slowing of disease progression (p=0.007) and NfL reduction (p=0.02).